. The Commercial and financial chronicle . 1903 5 g M-S 250,000 Mch. 1 1923 dated mortgage $400,000 [Int. at Cleve. Tr. Co., Cleveland, Trustee, or ($500) gold c*J at National Bank of Commerce, N. Y. Bonds.—Of the $10,000,000 new bonds, $3,510,000 are reserved for priorliens and $5,495,000 for extensions, Improvements, &c They are subjectto call after 10 years at 105 and accrued Interest. The Cleveland & South-western bonds of 1903 are subject to call on and after Feb. 1 1913 at 105and Interest. $1,600,000 of this issue are reserved to retire certain under-lying bonds. Of the Cleveland Berea E
. The Commercial and financial chronicle . 1903 5 g M-S 250,000 Mch. 1 1923 dated mortgage $400,000 [Int. at Cleve. Tr. Co., Cleveland, Trustee, or ($500) gold c*J at National Bank of Commerce, N. Y. Bonds.—Of the $10,000,000 new bonds, $3,510,000 are reserved for priorliens and $5,495,000 for extensions, Improvements, &c They are subjectto call after 10 years at 105 and accrued Interest. The Cleveland & South-western bonds of 1903 are subject to call on and after Feb. 1 1913 at 105and Interest. $1,600,000 of this issue are reserved to retire certain under-lying bonds. Of the Cleveland Berea Elyrla & Oberlin 5s dated March 1 1899, $300,000remain In reserve for the retirement at or before maturity of the divisional6s to a like amount. Of the $1,500,000 Cleveland Elyrla & Western new5s, $427,000 are reserved to retire prior Hens. The Ohio Central Traction 30 ELECTRIC RAILWAYS [YOL. LXXXVUI. > < +j 5 2 rt o o CO Q. CL .Q O o 5 . ■ CO < u. June. ELECTRIC RAILWAYS 31 Co. consolidated bonds may be called on or after March 1 1908 upon 30days notice at 105 and Interest; $150,000 of consols are reserved to retirea like amount of first 5s. First mortgage was originally $200,000 author-ized, but $50,000 canceled subsequently. EARNINGS.—For calendar year 1908. gross, $775,737; net, (274,135;charges, $243,544; surplus. $30,591. ROAD.—Operates 134 miles of track In and from Cleveland to Berea-Elyria, Oberlln, Norwalk, Medina, Wellington, North Amherst. LorainCreston. Chippewa Lake, Seville, Wooster, Llnndale and Purltas Springs;also 30 miles from Gallon to Bucyrus and from Gallon to Mansfield. Com-pleted In 1909 a line 44 miles long from Seville, on the main line, via Ash-land to Mansfield, connecting the system. Total track, 208 miles, of which132 miles are on private right of way; 60 and 70-lb. rails. Standard 70 cars. Also does freight and express business. Company ownsPurltas Springs and Seccalum Par
Size: 1235px × 2024px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1900, bookdecade1900, booksubjectb, booksubjectfinance
